Overall Growth Trends 2017 was a record year for Porsche. Based on the data we have since January, it looks like 2018 is shaping up to be another record year. In the first quarter of this year Porsche AG delivered around 63,500 vehicles worldwide. This represents an increase of 6% over 2017. North America and Europe have shown the most substantial …
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Porsche Cars North America Sales By Model: March 2018
Porsche Cars North America (PCNA) saw another month of year-on-year growth this March with stronger than expected 911 and 718 sales. It seems that people are starting to get into the spring mood, purchasing more cars in March 2018 than Porsche has ever sold in any previous March. This continues the company's trend of record months, and translates …
Continue to the full articlePorsche Cars Canada Sales By Model: March 2018
Like PCNA, Porsche Cars Canada has reported their best first quarter in the history of the brand. Significantly higher 911 and 718 sales than the same period in 2017 bodes well for Canadian dealers. Likewise, Panamera sales peaked, while Cayenne and Macan sales waned slightly. The overall result, however, is 657 Porsches sold in March across all of …
Continue to the full articleCould Volkswagen Sell Their Interest In Porsche This Year?
According to a recent report in Forbes, auto company spin-offs are the next big thing in downsizing. Their source at investment researcher Jefferies, Philippe Houchois, claims that the auto industry is in for a shake up this year as large empire building exercises are now out of fashion and many conglomerates will be spinning off some of their more …
Continue to the full article8 Items of Interest We Learned From Porsche’s Year-End Press Conference
Year in and year out things are getting better and better for Porsche. To those of us who recall the dark days of the early 1990s, it's very welcome to see this trend in our favorite brand. 2016 was the most profitable year in the company's history, and 2017 continued this trend. As Porsche's investment in electrification and diversification of …
Continue to the full articlePorsche Cars North America Sales By Model: February 2018
Porsche's sales were way up in February this year, buoyed by comparatively strong Panamera and sports car sales. PCNA outsold February 2017 by 20.5% this year, with a huge 4,382 cars sold. This is a huge jump, and brings year to date sales up to 11.6% more than the same period last year (totaling 9,198 cars in January and February). The …
Continue to the full articlePorsche Cars Canada Sales By Model: February 2018
Porsche of Canada is on a roll, setting its 74th straight month of sales growth with their strongest February in history. While the Canadian Macan market dipped somewhat significantly, our neighbors to the north reported very strong Cayenne, Panamera, 911, Cayman, and Boxster sales. Panamera and Boxster sales were particularly strong, jumping from …
Continue to the full articleSharing a 356 Speedster via Blockchain
On paper I like the Turo business model, and I like car clubs like Classic Car Club Manhattan. As someone who doesn't have the money to buy numerous exciting cars, they can be a good way to try a variety of interesting cars. Of course, for people with higher budgets, becoming partial-owners of a high-dollar car is a very effective way to trade in …
Continue to the full articleHere’s Why Porsche Is Introducing Blockchain Tech In Their Cars
For weeks, I've been struggling to wrap my head around cryptocurrency and the related blockchain tech. It's such an interesting and complex topic that several tech magazine and online articles later, and it isn't much more clear. Leave it to Porsche, then, to not only be the first automotive company to find an application for blockchain tech in …
Continue to the full articlePorsche’s Off To College. Where? The Ivy League of Course
Historically, Porsche's been seemingly uninterested in forming a bond with major American sporting leagues. However, the hubbub surrounding a very public bet involving two professional football players, a 991 GT3, and a Rolls-Royce caught the attention of the public not long ago. Now, it seems Porsche, which has recently posted its name on the …
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